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Nov 5, 2012
11/12
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most could be considered a sandy effect. the s&p 500 utilities index dropping to its lowest level since early june in the wake of superstorm sandy. >> time for talking numbers, forget obama versus romney. some say it breaks down to bonds versus stocks because the president's policies may be good for bonds and mitt romney's policies would benefit equities. on the technical side, abigail doolittle and miller bookbar. peter, you're one of the smartest guys out there. i love your research. >> i think the bond market rally has run it's course. even if obama wins, i don't see much upside. if romney wins because of the optimism that any growth in the economy that would engender, it would be negative for bonds. for me, the trade is very asymmetrical with very little upside in bonds and a lot more downside if -- either way, depending on who wins. >> even if romney wins, you think there's not a lot of upside for stocks? >> well, for stocks i think we're going to get an emotional knee-jerk bounce november, december. i think 2013 is goi
most could be considered a sandy effect. the s&p 500 utilities index dropping to its lowest level since early june in the wake of superstorm sandy. >> time for talking numbers, forget obama versus romney. some say it breaks down to bonds versus stocks because the president's policies may be good for bonds and mitt romney's policies would benefit equities. on the technical side, abigail doolittle and miller bookbar. peter, you're one of the smartest guys out there. i love your...
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Nov 2, 2012
11/12
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it really has the feel of a sandy effect. utilities and consumer staples have been the weakest perform thers week. terms have done better. the anticipation of rebuilding and the hit that the utilities have taken right now still feels like it's the aftermath of the storm here. >> we're in a slightly different -- the cause of qe-3, it has created some whacky distortions in the market. it's again affecting the market today. when we got a better than expected payroll report, which i think is certainly good news, the dollar rallied because there's less likelihood of qe-3. that would be dollar positive. well, you know, that might be good. that's certainly a good sign of a better economy as well. but that put pressure on all the commodities. you can see that this knock-on effect of qe-3, which is one reason so many people have a hard time with qe-3. >> john sweeney, what impact do you feel the monetary policy has had? there was a time the market was rallying even as the fundamentals were falling down or slowing down at that point. d
it really has the feel of a sandy effect. utilities and consumer staples have been the weakest perform thers week. terms have done better. the anticipation of rebuilding and the hit that the utilities have taken right now still feels like it's the aftermath of the storm here. >> we're in a slightly different -- the cause of qe-3, it has created some whacky distortions in the market. it's again affecting the market today. when we got a better than expected payroll report, which i think is...
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Nov 13, 2012
11/12
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and nyse ceo with us giving us an update two weeks after sandy historically closed sandy for two days. >> still a miracle they got things open when they did. we're oall following the latest in the general petraeus scandal. unbelievable twists, even today. we have a roreport from washington. then, more on how this story is shedding light on how anything you write can be accessed. pretty scary stuff and something to think about. >> really. in the markets right now, fractional gains right now. the dow jones industrial average off the best levels of the afternoon, but still showing a gain of about 17 points. looks like investors wait and see until we get some solutions on the fiscal cliff. nasdaq is negative by a fraction. down about four points. off of the worst levels, by the way. s&p 500 is up about 3 3/4 points at 1383. >> in today's "closing bell" exchange, we have carol roth, bruce mccain, and our own rick santel santelli. rick, i'm going to start with you today because we see that stutter step opening in the u.s. stock market. some of that could be attributable, i guess, to the plu
and nyse ceo with us giving us an update two weeks after sandy historically closed sandy for two days. >> still a miracle they got things open when they did. we're oall following the latest in the general petraeus scandal. unbelievable twists, even today. we have a roreport from washington. then, more on how this story is shedding light on how anything you write can be accessed. pretty scary stuff and something to think about. >> really. in the markets right now, fractional gains...
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Nov 26, 2012
11/12
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again, a sandy effect in there. and the challenge for those playing the short term is to disaggregate, what's sandy and what's the real economy and after that figure off the fiscal cliff. >> all of that feeds into what you were saying, bill, expect a lot of volatility. the sandy effect will make it harder to decipher what's going on with the economic data. >> and the economic data is going to be skewed by mother nature, by politicians, a lot of things. you need a longer view, more than four weeks -- >> what's your view right now? >> cautious. but have you to be invested. you can't sit on the sidelines earning zero thinking you're going to accomplish anything. the one-year treasury at a quarter of a percent doesn't work for me. there's lots of opportunities out there and it gets back to focus, having a steady hand, ice in your veins and no one to buy. volatility could be good for an investor with a strong stomach and a strong will. >> but i think when you say words like cautious, sometimes -- i agree with bill with w
again, a sandy effect in there. and the challenge for those playing the short term is to disaggregate, what's sandy and what's the real economy and after that figure off the fiscal cliff. >> all of that feeds into what you were saying, bill, expect a lot of volatility. the sandy effect will make it harder to decipher what's going on with the economic data. >> and the economic data is going to be skewed by mother nature, by politicians, a lot of things. you need a longer view, more...
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Nov 5, 2012
11/12
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sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocating money today? >> i think you want to be neutral. i think you want to leave your bets at the doorstep and to take win side of the other is gambling and
sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress...
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Nov 12, 2012
11/12
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it is almost two week anniversary of hurricane sandy. you have specific sectors you are watching based on that. >> absolutely. cheryl: what do you like? >> there's going to be a big resurge if you will of deliveries in many things not done, including oil deliveries and general trade and commerce, including both rail, truck transport, air flights. a a lot of air flights cancelled the week of october 31. cheryl: do you think that these names will improve then? because the airlines for a fact are -- [inaudible]. >> that's a little different because some airline is optional, meaning travel. whereby delivery of goods and services is different. we are talking citrus, just all kinds of things. i think it will be a good quarter for that. i'm sorry, i was also going to say -- what i call info com, information technology, mobile phone devices, computers, laptops, notebooks, coming in the christmas season. there's an undersupply at apple, once they are able to come back with a lot of their products -- cheryl: all affected by the storm? you have 25%
it is almost two week anniversary of hurricane sandy. you have specific sectors you are watching based on that. >> absolutely. cheryl: what do you like? >> there's going to be a big resurge if you will of deliveries in many things not done, including oil deliveries and general trade and commerce, including both rail, truck transport, air flights. a a lot of air flights cancelled the week of october 31. cheryl: do you think that these names will improve then? because the airlines for...
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Nov 8, 2012
11/12
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they've been beaten down so much after hurricane sandy and among other things. materials, consumer discretionary, energy. a lot of these that have been strong recently, seeing profit taking today. there's technology down 1.25%. michael shea, why the selling? why no bounce today after the biggest down day of the year yesterday? >> because there hasn't been much in the way of resolution. we got bad news out of europe. there's grave concern about taxes. you know, that's been talked about ad nauseam today. there's also, as you mentioned, technical levels only come in play when they're big technical levels. we are at them. there's one more technical level you should know. that is, we are almost at 50% retracement between our lowest low, which is 1266, before our highest high, which was 1474. we're about ten points away from that. 50% retracements. again, those are big numbers. >> all the traders on the floor of the new york stock exchange did well in their math classes in high school and college. you should know that. eric, what do we do here? are you ready to start
they've been beaten down so much after hurricane sandy and among other things. materials, consumer discretionary, energy. a lot of these that have been strong recently, seeing profit taking today. there's technology down 1.25%. michael shea, why the selling? why no bounce today after the biggest down day of the year yesterday? >> because there hasn't been much in the way of resolution. we got bad news out of europe. there's grave concern about taxes. you know, that's been talked about ad...
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Nov 6, 2012
11/12
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. >>> meantime, superstorm sandy may have devastated new york city, but turnout is heavy in queens, new york, as voters cast their ballots in makeshift polling locations. been like that in many parts of the tri-state area today. we're back in a moment. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like
. >>> meantime, superstorm sandy may have devastated new york city, but turnout is heavy in queens, new york, as voters cast their ballots in makeshift polling locations. been like that in many parts of the tri-state area today. we're back in a moment. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global...
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Nov 28, 2012
11/12
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maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang busters. >> we saw harry reid speak yesterday. the market moves when we see different comments out of washington. we saw it again today on this perception that was actually positive commentary. our bar has gotten pretty low. we see stocks move around a lot. what about interest rates? are they responding as much? >> well, perfect
maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know,...
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Nov 2, 2012
11/12
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superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad. there'sing in small about this show today. that and more next. [ male anno] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. clorox just one of the many
superstorm sandy causing billions in damages. now companies are warning the storm will wreak havoc on earnings. the ce e o from clorox is here exclusively. >>> plus, sandy causing gas lines reminiscent of the 1970s throughout the new york area. we've got the latest details on the crisis and how ugly it's getting out there. >>> and at least those lines are over something essential like gasoline. check out all the people waiting to get their hands on apple's new mini ipad....
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Nov 6, 2012
11/12
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new yorkers getting out to vote in the wake of superstorm sandy. new york governor cuomo allowing residents to cast provisional ballots. my next guest served as governor of the state of new york from 1995 to 2006. he's now in private practice at a law firm. governor george pataki joining us. thank y >> hi, maria. good to be with you. >> might this drag out for days and weeks? what's your take? >> i think we could know by 9:30 tonight. the polls in new hampshire and pennsylvania close at 8:00. if governor romney wins new hampshire, if governor romney wins or is essentially tied, it's unclear, in pennsylvania, i think we're going to have a pretty good indication that governor romney will be the next president of the united states. because the polls all show new hampshire has a virtual dead heat. perhaps a slight edge to obama. they show obama with a four or five-point edge in pennsylvania. if that's not the case, then i think all of these close races we can have some degree of confidence will break towards governor romney. i think we could have an ea
new yorkers getting out to vote in the wake of superstorm sandy. new york governor cuomo allowing residents to cast provisional ballots. my next guest served as governor of the state of new york from 1995 to 2006. he's now in private practice at a law firm. governor george pataki joining us. thank y >> hi, maria. good to be with you. >> might this drag out for days and weeks? what's your take? >> i think we could know by 9:30 tonight. the polls in new hampshire and...
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superstorm sandy will impact retailers, but how? some it will be for the better and some of course for the worst. which ones will play out as winners? which one as losers? chief equity strategist at nbg living and breathes retail. he will tell us who the winners and losers will be going into the holiday shopping season. stay tuned. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. 's like another chapter. >> i'm robert gray with your fox business brief. shares of zillow are plunging ahead of the release that's due after the closing bell. the on-line real estate company has beaten earnings estimates in four straight quarters. demand media also slated to release results today. it is up big today but its stock along with jive have both stumbled and now below 2001 -- 2011 initial pub
superstorm sandy will impact retailers, but how? some it will be for the better and some of course for the worst. which ones will play out as winners? which one as losers? chief equity strategist at nbg living and breathes retail. he will tell us who the winners and losers will be going into the holiday shopping season. stay tuned. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on...
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Nov 16, 2012
11/12
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darst was talking about, which is figuring out what part of the weakness in the economy is sandy and which part is weak ne weakest in the economy. it's been down more than you would think. i agree no one expected this from the storm -- >> well, they blame the storm too. >> i would like to know the profit pictures to make the right investment call based upon how bullish did you get for a post fiscal cliff agreement? >> very quickly, you got to make money here. what do you do? >> home building stocks are the number one group thus far this year. you want to go back to your technology. apple, that thing is down over 25% now. buy some apple. buy it on a scale down basis. average down on apple. that would be one thing. oracle is another one. that is at the basis. and qualcomm. those three, bill. >> okay. jeff? >> looking to hedge where the s&p 500 may go. looking at holding some cash. also looking at some opportunity where is they're emerging. oil, for example, on mideast conflicts starting to lift higher. that might be an opportunity. >> just like to wish xi jinping, the new president of
darst was talking about, which is figuring out what part of the weakness in the economy is sandy and which part is weak ne weakest in the economy. it's been down more than you would think. i agree no one expected this from the storm -- >> well, they blame the storm too. >> i would like to know the profit pictures to make the right investment call based upon how bullish did you get for a post fiscal cliff agreement? >> very quickly, you got to make money here. what do you do?...
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Nov 15, 2012
11/12
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allstate expects the cost of superstar sandy touch top 150 million. the insurance company says a more specific estimate is pending. considered to be one of the company's most exposed to insured losses from the storm. 439,000 americans filed for first-time unemployment benefits last week, pushing jobless claims to their highest level in 18 months. hurricane sandy was a factor for the storm added numbers to an already weakening jobs market. the unusually high number is the first full report following the presidential election demanded follows an unusually low numbers reported just before the election. we continue our "countdown to the closing bell" with liz claman. ♪ liz: i think atomism a bad mood. he usually says, with liz claman, the girl who would stay at the browns' game in 0-degree weather. [laughter] let's check in with nicole petallides. she always says of energy for me. >> reporter: well, i wanted to take a look here. facebook, the is the story. posting some nice gains. we have management shake-up. yesterday and today, you had two executives
allstate expects the cost of superstar sandy touch top 150 million. the insurance company says a more specific estimate is pending. considered to be one of the company's most exposed to insured losses from the storm. 439,000 americans filed for first-time unemployment benefits last week, pushing jobless claims to their highest level in 18 months. hurricane sandy was a factor for the storm added numbers to an already weakening jobs market. the unusually high number is the first full report...
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this is the east -- this as the east coast still reels from hurricane sandy. many still without power. thousands without homes. this nor'easter could bring 3 to 5 foot storm surges and wind gusts of more than 50 miles. a huge problem to already flooded areas. let's get back to the markets here. big board composite volume, nyse composite volume right now 27% above the average. it is on track to be the heaviest session since september 21st. gives a little bit of conviction this sell off, doesn't it nicole? nicole: a lot of selling on wall street today. some long faces on wall street as well if their particular candidate didn't win the election. let's take a look at names that are weighing down the market, bank of america, pfizer, citigroup and ford. those are some big laggards. it's been a majority of red on the screen today. down 369 points. we still are to the down side. down almost 260 points going into the closing bell. we have been seen pressure from sector to sector, the ten big sectors have all had down arrows. dow 30, all 30 are lower. i checked on the f
this is the east -- this as the east coast still reels from hurricane sandy. many still without power. thousands without homes. this nor'easter could bring 3 to 5 foot storm surges and wind gusts of more than 50 miles. a huge problem to already flooded areas. let's get back to the markets here. big board composite volume, nyse composite volume right now 27% above the average. it is on track to be the heaviest session since september 21st. gives a little bit of conviction this sell off, doesn't...
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Nov 14, 2012
11/12
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con ed reporting sandy restoration cost up to $500 million. it had some of the con ed blowing up, a disaster as you can imagine. how worried is congress and the president about another ratings downgrade of the u.s. credit if they fail to put together a budget deal for the mounting debt? goldman sachs had, charlie gasparino. >> i did not hack in, i got a number and i called the number and it worked. it was really good. former democratic senator from louisiana, former republican from mississippi spoke pretty candidly. he did not take questions, goes like the moderator led to a series of points. they went through the various issues of the fiscal cliff open to deal with it at least in the short term solution, maybe long-term solution of tax reform but then got down to the notion and two lawmakers really care about a ratings downgrade? both of them point blank that right now congress and the president are operating like "who cares." it makes no difference. it is a political call. i would say this one makes a difference and here's why. downgrading u
con ed reporting sandy restoration cost up to $500 million. it had some of the con ed blowing up, a disaster as you can imagine. how worried is congress and the president about another ratings downgrade of the u.s. credit if they fail to put together a budget deal for the mounting debt? goldman sachs had, charlie gasparino. >> i did not hack in, i got a number and i called the number and it worked. it was really good. former democratic senator from louisiana, former republican from...
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Nov 28, 2012
11/12
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should those hit hardest by hurricane sandy set money aside to help hurricane victims? stick around. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going
should those hit hardest by hurricane sandy set money aside to help hurricane victims? stick around. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser...
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Nov 29, 2012
11/12
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hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and other people can't get financing. it is a world-class development, only 8 miles from the washington monument. the closest retail that we can develop to the washington, d.c. we expect to get as many as the 15 million coming to washington and another 50 million or so coming today to visit the gaylord hotel, the many restaurants and attractions already at national harbor. liz: people are driving to see the tourist attractions and we stopped to see you. a joint venture with simon properties. a competitor in certain realms. why are you doing that? >> we have two sites were announ
hurricane sandy devastated a lot of families in our hearts go out to them. a lot are coming back, during the holiday shopping in november and hopefully into december. liz: i actually went and i actually bought stuff. is this old stuff, and the breaking news comes when they are expanding at a pretty decent bid read closer to the d.c. area, is it real demand for a oa land grab? >> because of the strength of the balance sheet, it allows us to expand rapidly when times are more difficult and...
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with many businesses taking a hit from hurricane sandy, the big apple was no difference. the broadway box office taking a hit, shows were up and running by last thursday evening, the damage was already done. we now continue our "countdown to the closing bell" with cheryl casone. cheryl: robert, thank you very much. the dow down 160 plus. about three an and a half hourso go before the polls close and candidates are working to get every last vote. peter barnes in new york. rich edson standing by at the obama camp in chicago. >> it is confidence around the obama campaign like the confidence surrounding every campaign, especially presidential good we have a major path forward. look at all the battleground states, the polls are showing inside those states t that havea small yet consistent lead in enough states to give them a victory tonight. president obama although typically these campaigns have reserved for them slower days, we loo look at the president's schedule dialing back a bit today still playing basketball with friends, scottie pippen was along with him. also doing in
with many businesses taking a hit from hurricane sandy, the big apple was no difference. the broadway box office taking a hit, shows were up and running by last thursday evening, the damage was already done. we now continue our "countdown to the closing bell" with cheryl casone. cheryl: robert, thank you very much. the dow down 160 plus. about three an and a half hourso go before the polls close and candidates are working to get every last vote. peter barnes in new york. rich edson...
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Nov 13, 2012
11/12
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>> no, the mail was a little slow due to sandy. >> serious l the banks are not invited. is this a concern that one key part of the economy is not involved in the conversation? >> i think it's fundamental. without money, you can't create jobs. the single best source of money is banking. so even though the other corporations that are there need to spend money, they need to get money from the very places such as the new york stock exchange, such as the banks that are not being invited to this meeting. so without the banks, i think we misan important ingredient as to what needs to be done so as to create more viability in the period ahead. >> we all want to rise above it and get on board and get the economy back on track. i just worry that it's going to be two sides digging in again and lotsds of divisiveness and finger pointing. are we going to get back on track and get over this, you know, us versus them mentality? >> i think for the next four years the battle will continue. >> you do? >> however, i believe we'll settle the cliff issue just close enough to the actual date
>> no, the mail was a little slow due to sandy. >> serious l the banks are not invited. is this a concern that one key part of the economy is not involved in the conversation? >> i think it's fundamental. without money, you can't create jobs. the single best source of money is banking. so even though the other corporations that are there need to spend money, they need to get money from the very places such as the new york stock exchange, such as the banks that are not being...
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Nov 27, 2012
11/12
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on the fed's beige book we expect more positive tone all be it conditioned by hurricane sandy. the timing of the cutoff is last monday. so it's unlikely to include any holiday shopping. >> thank you, guys. >> roll tide. >> thank you. >> i thought more people would be coming at us with the notre dame thing. >> where is mary thompson today? >> she is heading to miami for the big game. >>> a down day and it was pretty clear that the markets were watching for signals coming out of washington on the fiscal cliff. and they didn't like what they heard when senate majority leader said he was disappointed with the talks with the republicans to this point. >> we have time. the moment harry reid started speaking you can see the charts that it all falls at the exact moment when he said they thought there would be more progress with the republicans.
on the fed's beige book we expect more positive tone all be it conditioned by hurricane sandy. the timing of the cutoff is last monday. so it's unlikely to include any holiday shopping. >> thank you, guys. >> roll tide. >> thank you. >> i thought more people would be coming at us with the notre dame thing. >> where is mary thompson today? >> she is heading to miami for the big game. >>> a down day and it was pretty clear that the markets were...